Learn to Trade the Open (Every Day has One!)
There are a variety of ways that traders daily approach the opening range of a market. Some strategies utilize the first print of the session as a pivot, while others wait for the instrument to make...
There are a variety of ways that traders daily approach the opening range of a market. Some strategies utilize the first print of the session as a pivot, while others wait for the instrument to make...
Traders realize that success is very much about routine. The best traders I have known tend to keep a consistent schedule during the trading week and even over the weekend. This schedule not only...
I have only seldom met a successful trader who had a practice of keeping their head in the sand and avoiding the major news stories around them. Whether it be economic, political, or sports, traders...
Trading is as much about routine as anything. The markets have a personality based on the time of day, week, and month. As traders, we typically look to identify routine chart patterns and stable...
Earlier this year, volatility was widespread across many asset classes as the COVID19 pandemic began to provoke fear around the world, and supply/demand issues ensued. Many global equity markets saw...
Readers know that I like to illustrate principles by telling a story, oftentimes of other traders. However, today I have an account that deals directly with me.
As any experienced trader will tell you, navigating the markets is not easy, if it were, everybody would be doing it and we would all be rich. The more involved you become, the more challenges you...
To be successful in any life endeavor, it is necessary to have a set of guiding principles to abide by. This is true, whether it be as a business owner, or even in interpersonal relationships such as...
Summer is now at full speed, and even though the world remains gripped by the COVID-19 pandemic, the volatility observed in the spring months is now becoming more of a distant memory. Historically...
It’s July 4th weekend in the United States, this often marks the peak of the vacation season. While Covid-19 has put a damper on many travel plans, now that restrictions are more relaxed in many...
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Futures and forex trading contain substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital—money that can be lost without jeopardizing one’s financial security or lifestyle—should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC Rule 4.41 – Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.